InfoWARE Analyst Daily Market Report (21-Jan-2025 15:07:55.937)

InfoWARE Analyst Daily Market Report (21-Jan-2025 15:07:55.937)
(Source: InfoWARE Terminal, Date: 21-Jan-2025)

Dear Investor,

InfoWARE Analyst Daily Market Report - 21-Jan-2025 15:07:55.936

The Nigerian equities market recorded another up day, as the NGX All-Share Index (NGXASI) closed the day up by 0.75%, to bring the Year-to-Date returns down -0.04%. The All Share Index closed at 103,137.99 against the previous close of 102,370.36, volume traded increased by 24.86% from 350.71M to 437.90M, while market turnover (the total value of shares traded) increased by 13.95% from NGN7.00B to NGN7.98B in 12,486.00 deals.
Market breadth (0.91x) signified Twenty-nine (29) advancers, as against Thirty-two (32) decliners. Volume was up for 64 companies and down for 74

Top ASI Gainers Over Last 5 Trading Days

Symbol	Price	%Chg5Dys	%Chg1Dy	%ChgWTD	%ChgMTD	%ChgQTD	%ChgYTD
SCOA	2.72	32.30	9.93	9.93	45.15	45.15	45.15
UNIVINSURE	0.69	29.31	8.70	8.70	4.17	4.17	4.17
WAPIC	2.44	24.88	4.92	4.92	3.64	3.64	3.64
PRESTIGE	1.40	22.22	2.14	2.14	7.52	7.52	7.52
ROYALEX	0.92	22.22	7.61	7.61	-10.00	-10.00	-10.00
REGALINS	0.81	20.59	1.23	1.23	2.50	2.50	2.50
MERGROWTH	400.00	17.65	0.00	0.00	1.39	1.39	1.39
CAVERTON	2.42	17.00	-3.31	-3.31	-8.24	-8.24	-8.24
SOVRENINS	1.20	17.00	-2.50	-2.50	-4.88	-4.88	-4.88
LINKASSURE	1.59	15.83	1.26	1.26	24.81	24.81	24.81

Top ASI Losers Over Last 5 Trading Days

Symbol	Price	%Chg5Dys	%Chg1Dy	%ChgWTD	%ChgMTD	%ChgQTD	%ChgYTD
NSLTECH	0.81	-17.98	-9.88	-9.88	5.80	5.80	5.80
PZ	23.50	-14.55	0.00	0.00	-3.29	-3.29	-3.29
ACADEMY	3.10	-11.17	0.00	0.00	-1.59	-1.59	-1.59
EUNISELL	14.06	-9.99	0.00	0.00	-27.04	-27.04	-27.04
GREENWETF	534.00	-9.93	-9.93	-9.93	-9.93	-9.93	-9.93
ABBEYBDS	3.63	-9.09	-9.09	-9.09	10.00	10.00	10.00
UPDCREIT	5.50	-7.76	-2.73	-2.73	-1.83	-1.83	-1.83
CILEASING	4.40	-7.66	-6.82	-6.82	-0.97	-0.97	-0.97
SUNUASSUR	6.70	-7.10	-8.21	-8.21	-47.21	-47.21	-47.21
DEAPCAP	1.13	-6.25	-7.08	-7.08	-12.50	-12.50	-12.50

For more detailed analysis, on InfoWARE Market Data Terminal <NSEPERF> <GO>
On InfoWARE Finance Mobile App (Android, iPhone & iPad, Windows Phone and Windows 8/10), "Top Gainers & Losers"

MTN NIGERIA PLC (MTNN) topped the advancers list closing at N256.30 with a gain of 10.00% followed by S C O A NIG. PLC. (SCOA) which closed at N2.99 with a gain of 9.93%.

On the flip side VETIVA S & P NIGERIA SOVEREIGN BOND ETF (VSPBONDETF) and GREENWICH ASSET ETF (GREENWETF) topped the decliners log with a loss of -28.52% at a close of N243.04, and -9.93% to close the day at N481.00 respectively.

Top Gainers

Symbol	LClose	%Chg
MTNN	256.30	10.00
SCOA	2.99	9.93
OMATEK	0.89	9.88
UNIVINSURE	0.75	8.70
CAP	47.75	8.52

Top Losers

Symbol	LClose	%Chg
VSPBONDETF	243.04	-28.52
GREENWETF	481.00	-9.93
NSLTECH	0.73	-9.88
LOTUSHAL15	39.30	-9.78
ABBEYBDS	3.30	-9.09

For more detailed analysis,

On InfoWARE Market Data Terminal <TOPG> <GO>
On InfoWARE Finance Mobile App ( Android, iPhone & iPad and Windows 10) , "Top Gainers & Losers"

Currency Market

In the currency market, the Naira was unchanged against the dollar at 1 to 1

NSE: Bull Signal - Price crossed above 15 Day MA

This signal implies these stocks are under buying pressure and the price might continue to rise and therefore positions should be monitored closely. Further suggested analysis include looking at the overall market (ASI) to see if the uptrend is market wide, sector wide or specific to the stock. Portfolio managers tend to use this as a signal to do more research to add to their positions or lock in some profits. Typically further analysis should be done using commands like PC and RV on the InfoWARE Market Data Terminal. Another command is ALERTS to set price triggers for possible exit or entry as necessary

For more detailed analysis,

On InfoWARE Market Data Terminal <NSEPERF> <GO>
On InfoWARE Finance Mobile App ( Android , iPhone & iPad and Windows 10) , "Top Gainers & Losers"

Symbol	Price	%Chg	15DMA	PE	EPS	DivY	MktCap	Vol	Trades	Value	LstTradeTime
OMATEK	0.89	8.99	0.87	6.82	0.10	0.00	2.62B	2.69M	26.00	2.39M	21-Jan-2025 14:30:45.037
UNIVINSURE	0.75	8.00	0.72	0.00	0.00	0.00	12.00B	22.67M	172.00	16.70M	21-Jan-2025 14:30:47.363
VITAFOAM	24.25	3.09	24.16	8.66	2.56	7.03	30.33B	510.37K	48.00	12.30M	21-Jan-2025 14:30:47.913
NGXLOTUSISLM	7,104.60	1.78	7,046.17	1,270.93	62.77	0.00	0.00	17.32M	2,050.00	2.13B	21-Jan-2025 14:30:55.990
CWG	6.90	0.00	6.85	0.00	0.00	2.46	17.42B	324.09K	29.00	2.20M	21-Jan-2025 14:30:34.633
FG152028S1	55.00	0.00	53.53			0.00	52.58B	0.00	0.00	0.00	21-Jan-2025 14:30:51.650

NSE: BEAR Signal - Price crossed below 15 Day MA

This signal implies these stocks are under selling pressure and the price might continue to slide and therefore positions should be monitored closely. Further suggested analysis include looking at the overall market (ASI) to see if the downtrend is market wide, sector wide or specific to the stock. If the overal market trend is upwards, then since these stocks are heading in the opposite direction, then further analysis should be done using commands like PC and RV on the InfoWARE Market Data Terminal. Another command is ALERTS to set price triggers for possible exit is necessar

For more detailed analysis,

On InfoWARE Market Data Terminal <BEARM> <GO>
On InfoWARE Finance Mobile App ( Android , iPhone & iPad and Windows 10)

Symbol	Price	%Chg	15DMA	PE	EPS	DivY	MktCap	Vol	Trades	Value	LstTradeTime
CONHALLPLC	3.50	0.00	3.52	69.63	0.03	2.08	37.47B	555.92K	24.00	1.77M	21-Jan-2025 14:30:32.657
FCMB	10.10	-0.50	10.15	104.31	0.09	5.62	200.01B	5.55M	208.00	55.95M	21-Jan-2025 14:30:39.300
MANSARD	9.20	-0.54	9.22	31.16	0.24	4.59	82.80B	2.23M	95.00	20.42M	21-Jan-2025 14:30:43.577
UCAP	22.20	-0.90	22.22	19.15	0.93	5.03	133.20B	4.93M	277.00	109.69M	21-Jan-2025 14:30:47.057
FBNH	28.70	-1.57	29.16	11.32	2.33	1.52	1,030.19B	3.02M	263.00	87.42M	21-Jan-2025 14:31:21.507
CAVERTON	2.34	-3.42	2.36	1.15	1.57	5.52	7.84B	1.19M	61.00	2.86M	21-Jan-2025 14:30:31.457
CILEASING	4.10	-7.32	4.32	6.50	0.64	1.20	3.20B	1.94M	78.00	8.23M	21-Jan-2025 14:31:20.387
ABBEYBDS	3.30	-10.00	3.48	0.00	0.00	1.43	33.51B	490.96K	31.00	1.63M	21-Jan-2025 14:30:13.117
NSLTECH	0.73	-10.96	0.80	0.00	0.00	15.87	4.11B	3.00M	53.00	2.22M	21-Jan-2025 14:30:44.907
GREENWETF	481.00	-11.02	530.20			0.00	0.00	100.00	1.00	48.10K	21-Jan-2025 14:31:20.943
VSPBONDETF	243.04	-39.89	262.61			0.00	0.00	12.00	3.00	3.60K	21-Jan-2025 14:31:21.280

Economic Indicators - Nigeria FX Reserves Vs ASI Chart

Nigeria FX Reserves are assets held on reserve by CBN in foreign currencies. These reserves are used to back liabilities and influence monetary policy. Given the nature of the Nigeria economy, FX Reserves can appear to have an outsize influence on the economy and hence on the capital market. The chart below allows comparison of FX Reserves against the ASI to make investment decisions

For more detailed analysis,

On InfoWARE Market Data Terminal <CI> <GO>
On InfoWARE Finance Mobile App ( Android , iPhone & iPad and Windows 10) , "Research"

Market Trend - ASI (NGX All-Share-Index) With 50 & 200 Day MAvgs Chart

Technical traders typically use the 50 & 200 day moving averages to aid in choosing where to enter or exit a position, which then causes these levels to act as strong support or resistance. As a general guideline, if the price is above a moving average, the trend is up. If the price is below a moving average, the trend is down.
It is important to note that critics of technical analysis say that moving averages act as support and resistance because so many traders use these indicators to inform their trading decisions. Also moving averages tend to work quite well in strong trending conditions but poorly in choppy or ranging conditions.
Trading Strategies: Crossovers
Crossovers are one of the main moving average strategies. The first type is a price crossover, which is when the price crosses above or below a moving average to signal a potential change in trend. Another strategy is to apply two moving averages to a chart: one longer and one shorter. When the shorter-term MA crosses above the longer-term MA, it is a buy signal, as it indicates that the trend is shifting up. This is known as a golden cross. Meanwhile, when the shorter-term MA crosses below the longer-term MA, it is a sell signal, as it indicates that the trend is shifting down. This is known as a dead/death cross

For more detailed analysis,

On InfoWARE Market Data Terminal <CI> <GO>
On InfoWARE Finance Mobile App ( Android , iPhone & iPad and Windows 10) , "Research"

Unusual Volume: Volume traded is more than double the 90 day moving average (All exchanges; ASI & ASem). For more detailed analysis,

On InfoWARE Market Data Terminal <UV> <GO>
On InfoWARE Finance Mobile App ( Android , iPhone & iPad and Windows 10)

Symbol	Name	Volume	90DAvgVol	%VolChg	Price	LClose	%Chg	Trades	Value
LASACO	LASACO ASSURANCE PLC.	108.04M	2.07M	5,120.36	3.16	3.37	-6.23	54	338.67M
MTNN	MTN NIGERIA PLC	6.52M	2.65M	145.74	256.30	233.00	10.00	1,019	1.63B
UPDCREIT	UPDC REAL ESTATE INVESTMENT TRUST	2.34M	808.27K	190.02	5.35	5.50	-2.73	49	12.69M
ETERNA	ETERNA PLC.	1.87M	776.36K	140.69	26.90	27.60	-2.54	114	50.19M
SCOA	S C O A NIG. PLC.	330.39K	76.30K	333.02	2.99	2.72	9.93	6	987.86K

Investment Insights - High Div. Stocks

Dividend stocks distribute a portion of the company earnings to investors on a regular basis and they can a great choice for investors looking for regular income. As an investment or trading strategy, high dividend yield equities provide annual cash payments as against mostly capital gains in the price of a stock. The list in the table below represent the highest dividend paying stocks from the list of the most liquid stocks in the NSE top 30.

For more detailed analysis,

On InfoWARE Market Data Terminal <HYIELD> <GO>
On InfoWARE Finance Mobile App ( Android , iPhone & iPad and Windows 10) , "Research"

African Markets

Name	LClose	Change	%Chg
BRVM Stock Exchange	272.53	-0.98	-0.36
Botswana Stock Exchange	10,062.30	1.01	0.01
Egyptian Exchange	29,619.39	-110.00	-0.37
Johannesburg Stock Exchange	84,733.17	33.88	0.04
Lusaka Stock Exchange	15,360.95	0.00	0.00
Malawi Stock Exchange	189,474.24	283.79	0.15
Nigeria Stock Exchange	102,370.36	20.47	0.02
Nairobi Securities Exchange	131.53	0.75	0.57
Namibian Stock Exchange	1,832.75	-2.20	-0.12
Rwanda Stock Exchange	149.28	0.00	0.00
Tunis Stock Exchange	10,080.98	-4.03	-0.04
Uganda Securities Exchange	1,294.83	11.30	0.88

Nigeria Market Indexes

Symbol	LClose	%Chg	WTD%	MTD%	QTD%	YTD%	Trades
ASI	103,137.99	0.75	0.75	-0.04	-0.04	-0.04	12,486
NGX30	3,823.19	0.84	0.84	0.22	0.22	0.22	5,910
NGXAFRBVI	2,523.61	0.74	0.74	1.73	1.73	1.73	1,838
NGXAFRHDYI	17,186.63	0.14	0.14	0.93	0.93	0.93	2,122
NGXASEM	1,583.71	0.00	0.00	0.00	0.00	0.00	4
NGXBNK	1,119.84	0.30	0.30	2.98	2.98	2.98	2,656
NGXCG	2,919.56	1.07	1.07	3.19	3.19	3.19	6,791
NGXCNSMRGDS	1,745.87	-0.38	-0.38	0.66	0.66	0.66	1,127
NGXGROWTH	7,981.42	-0.12	-0.12	2.82	2.82	2.82	47
NGXINDUSTR	3,287.58	0.03	0.03	-7.95	-7.95	-7.95	772
NGXINS	763.24	1.03	1.03	-2.92	-2.92	-2.92	1,162
NGXLOTUSISLM	7,104.60	1.81	1.81	1.96	1.96	1.96	2,050
NGXMAINBOARD	5,011.98	-0.04	-0.04	0.16	0.16	0.16	9,129
NGXMERIGRW	6,865.53	0.23	0.23	5.25	5.25	5.25	1,408
NGXMERIVAL	10,595.78	0.23	0.23	1.59	1.59	1.59	2,798
NGXOILGAS	2,655.31	-0.36	-0.36	-2.06	-2.06	-2.06	316
NGXPENBRD	1,829.78	0.89	0.89	-0.10	-0.10	-0.10	9,576
NGXPENSION	4,647.83	0.94	0.94	2.51	2.51	2.51	6,550
NGXPREMIUM	9,687.03	2.31	2.31	-0.47	-0.47	-0.47	3,310
NGXSOVBND	606.26	-0.10	-0.10	0.78	0.78	0.78	0

For more detailed analysis,

On InfoWARE Market Data Terminal <MKTINS> <GO>
On InfoWARE Finance Mobile App ( Android, iPhone & iPad and Windows 10) , "Market Indexes"